Tenax Therapeutics: Q4 Earnings Snapshot

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CHAPEL HILL, N.C. (AP) — CHAPEL HILL, N.C. (AP) — Tenax Therapeutics Inc. (TENX) on Tuesday reported a loss of $6.3 million in its fourth quarter.

On a per-share basis, the Chapel Hill, North Carolina-based company said it had a loss of 18 cents.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.

For the year, the company reported a loss of $17.6 million, or $1.15 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TENX at https://www.zacks.com/ap/TENX